The LA Times has reported that former Microsoft chief executive Steve Ballmer has won the bidding war over the Los Angeles Clippers with a bid of $2 billion.
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The LA Times has reported that former Microsoft chief executive Steve Ballmer has won the bidding war over the Los Angeles Clippers with a bid of $2 billion.
Entertainment video | 555 views
According to the LA Times, Steve Ballmer, best known for his long tenure as the CEO of Microsoft, is reportedly set to purchase the Los Angeles Clippers basketball team for $2 billion. Previously, he had been tipped to bid $1.8 billion for the team. This is not Ballmer's first time basketball rodeo. He previously tried to keep the Seattle Supersonics in the city before the NBA squad moved to Oklahoma City to become the Thunder. Ballmer later tried to buy the Sacramento Kings and move them to Seattle. Ballmer has indicated that if successful in buying the Clippers, they would remain in L.A.
News video | 500 views
Agreement to buy the Los Angeles Clippers for $2 billion from the Sterling family trust, a source familiar with the situation told CNN on Thursday night.
A second source, who was familiar with the negotiations, confirmed the terms to CNN.
The sale, negotiated by Shelly Sterling -- co-owner with estranged husband Donald Sterling -- will have to be approved at a NBA Board of Governors meeting. It was unclear whether a meeting set for Tuesday will go on, given Thursday's developments.
And the sale still may have to be approved by Donald Sterling, according to earlier comments by his attorney.
Maxwell Blecher told CNN earlier that his client would have to consent to a sale and wants to be vindicated by the NBA, which is in the process of terminating the Sterlings' ownership in the team for racist remarks Sterling made in an audio recording released online in April.
Sports video | 513 views
Watch Racist Clippers owner Donald Sterling out, ex-Microsoft CEO Steve Ballmer offers $2 bn for team video.
Sports video | 711 views
Microsoft's former CEO Steve Ballmer has reached a deal to buy the Los Angeles Clippers basketball team for $2bn (£1.2bn), reports say.
A source familiar with the negotiations told the BBC the bid was accepted, without giving further details.
Clippers owner Donald Sterling was banned from the sport for life after he was recorded making racist remarks.
The National Basketball Association (NBA) later agreed to begin the process of selling the team.The bid was reportedly accepted by Mr Sterling's wife, Shelly.
Mr Ballmer is believed to have outbid two rival groups for the team, one of which was led by media mogul David Geffen and included talk show host Oprah Winfrey.
Mr Ballmer retired from Microsoft in February, but he still owns shares in the company.
A forced sale of the LA Clippers would require the approval of three-quarters of the 30 team owners in the NBA.
But Mr Sterling could still oppose the sale in the courts, according to sports lawyers.
Sports video | 480 views
First Take's Stephen A. Smith and Skip Bayless discuss former Microsoft CEO Steve Ballmer's agreement to buy the Clippers for $2 Billion.
Sports video | 887 views
Microsoft has launched a radical new version of its Windows operation system, Windows 8. Company CEO talked about the ground-breaking features of the new OS.
Technology video | 824 views
Microsoft CEO Steve Ballmer speaks at a news conference in Espoo, Finland on September 3, 2013, on his company's plans to acquire Nokia's smartphone business.
Technology video | 1188 views
Former Microsoft chief executive Steve Ballmer apparently has emerged victorious in the battle to be the new owner of the Clippers, paying a whopping $2 billion for the team.
Sports video | 617 views
The sale of the Clippers continued on its bizarre journey late Thursday night when representatives of co-owner Shelly Sterling sent out a media release that the Sterling family trust has agreed to sell the team to former Microsoft Chief Executive Steve Ballmer for $2 billion. Join us live to discuss the sale.
Sports video | 377 views
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What is Wheat Beer? | व्हीट बीयर क्या है?
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If you love homestyle cocktails, reviews of Alcohol, Drink knowledge, Bartending and many more then this channel is for you. India is the biggest alcohol consumer in th
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भारत में पहला BAR कौन सा है? Which is the First BAR in India? Do you know?
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My Lens Setup - Sigma 18-35mm f/1.8 DC for Canon - https://amzn.to/3ZDqbyD
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Disclaimer:
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If you love homestyle cocktails, reviews of Alcohol, Drink knowledge, Bartending and many more then this channel is for you. India is the biggest alcohol consumer in the world. We buy and consume more whiskey in the world than anyone else. This channel helps give information about your favorite drink. How to make fantastic cocktails at ho
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एक Wine की बोतल की सेल्फ लाइफ क्या होती है? What is the shelf-life of a bottle of wine?
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Join Our Bartending School The Spirit Vidyalaya, Call us on 7558204535
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Home Bar Accessories - https://amzn.to/3LedEOv
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Ice mould - https://amzn.to/3EWlecr
Disclaimer:
The purpose of this channel is not to support or encourage underage drinking but to provide knowledge of the products we consume. This channel does not promote or sell any alcoholic product. The purpose of this channel is to strictly entertain and inform people about products available on the market. We are strictly against underage drinking and do not support it.
About The Channel:-
If you love homestyle cocktails, reviews of Alcohol, Drink kn
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